Recent revisions tend to reflect the latest near-term business trends. It is also important to note the recent changes to analyst estimates for Ally Financial. Meanwhile, our latest consensus estimate is calling for revenue of $2.09 billion, up 0.52% from the prior-year quarter.įor the full year, our Zacks Consensus Estimates are projecting earnings of $3.51 per share and revenue of $8.4 billion, which would represent changes of -42.08% and -0.38%, respectively, from the prior year. On that day, Ally Financial is projected to report earnings of $0.89 per share, which would represent a year-over-year decline of 49.43%. In that same time, the Finance sector gained 1.36%, while the S&P 500 gained 3.56%.Īlly Financial will be looking to display strength as it nears its next earnings release. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, added 5.73%.Ĭoming into today, shares of the auto finance company and bank had gained 10.3% in the past month. This move outpaced the S&P 500's daily gain of 0.24%. In the latest trading session, Ally Financial (ALLY) closed at $28.18, marking a +1.95% move from the previous day.
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